SharpLink Plans To Turn $200M ETH Into Staking Yield Ethereum treasury platform, SharpLink (@Sharplink), said, it will stake $200 million worth of ethereum:native through Lido (@LidoFinance). The Ethereum treasury firm will receive wstETH representing its staked ETH and rewards. Anchorage Digital will serve as custodian for the position. Lido currently has about $16.5 billion in ETH staked through its protocol. wstETH is also integrated across more than 100 protocols.

Sharplink is staking $200M of ETH through @LidoFinance, the largest liquid staking protocol on Ethereum. Our partnership gives us access to enhanced onchain yield, while the underlying ETH keeps earning staking rewards. This is Ethereum with an edge.

SharpLink CIO @sheffieldreport explains corporate digital asset treasuries (DATs): DATs put crypto on a public balance sheet. @Sharplink was early to ETH, raising $425M then $3B, and now holds about 890,000 ETH, deployed for yield.

Sharplink on Q2 call today talked about a new $125M onchain yield fund that goes beyond just standard staking returns. Joseph Chalom, CEO of Sharplink: "Long-term risk-adjusted incremental ETH earned above the native staking rate...” Have you priced in institutional farming?

Sharplink's Q2 earnings call is coming up on Monday, 8/10 at 8:30 am ET Our executive team, including @joechalom and @ethereumjoseph, will present the quarter’s results and answer questions during a live Q&A. Tune in ⤵️

Sharplink has anchored the launch of @eth_systems, alongside @BitMNR and @ethereumjoseph, to build the technology that makes best-in-class privacy a standard on Ethereum. On a public ledger, the default is full exposure, which does not work for all financial institutions. That’s why this work is so critical.

Sharplink CEO @joechalom on whether ETH the token actually captures Ethereum's growth: 🚕 Why he compares Ethereum's strategy to early Uber 🤝 Why Robinhood on Arbitrum still counts as a win 🌍 Why tokenized real world assets could grow far past $31 billion 🎧

SharpLink Gaming bought 5,000 $ETH ($7.88M). In 2 days, it has bought 10,000 $ETH ($15.73M) total and now holds 886,285 $ETH ($1.4B), with a floating loss of over $1.7B. Newly created wallet "0x643" bought another 9,050 $ETH ($14.31M) from #FalconX# and now holds 8,361 $ETH ($28.92M).